Penny Stock Under Rs 10: Company signs Rs 500 Crore MoU with Government of Assam to Launch Global Media Hub in Guwahati
The stock is up by 12 per cent from its 52-week low.
Bodhitree Multimedia Limited has signed a Memorandum of Understanding (MoU) of Rs 500 Crore with the Government of Assam on 26th February 2025 to establish a Global Media and Cultural Hub in Guwahati. This strategic partnership will transform Guwahati into a vital centre for film, television, and cultural activities, significantly enhancing Assam's global profile. The upcoming hub is set to drive economic growth, create jobs, and boost tourism. Bodhitree Multimedia is committed to strengthening India’s position as a global production hub, with this project marking its second major production facility in the country.
The Rs 500 crore MoU will further enhance the company’s capabilities, empowering it to contribute more effectively to the country’s growth in the entertainment and media sector. The planned facilities include a cutting-edge Media City, a luxury seven-star wellness resort, and an immersive India Pavilion to showcase the country’s cultural diversity. These world-class amenities will cater to the growing demand for global media and entertainment infrastructure, positioning Assam as a leading destination for both leisure and business travellers.
Bodhitree Multimedia is focused on partnering with the Government of Assam to ensure the successful development of the initiative. The project is part of a broader initiative to establish India as a global production hub. Similar projects are planned across the country. A MoU with the Government of Assam will help pave the way for this transformative journey, fostering collaboration and innovation in the region.
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About the Company
Bodhitree Multimedia Limited was founded by Mautik Tolia and Sukesh Motwani as a leading Indian entertainment content production company. With over 3000+ hours of content produced across 50+ shows for major broadcasters and OTT platforms, Bodhitree specializes in drama, thriller, horror, comedy, and lifestyle genres. Their services encompass producing, directing, writing, dubbing, mixing, subtitling, content editing, and localization for a variety of media including television, films, and digital platforms, operating primarily on a B2B business model.
On Wednesday, Bodhi Tree Multimedia Ltd surged 2.8 per cent to Rs 8.46 per share from its previous closing of Rs 8.23 per share. The stock’s 52-week high of Rs 19.45 per share and its 52-week low is Rs 7.55 per share. The stock is up by 12 per cent from its 52-week low. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.